Barack Obama defeated Republican challenger Mitt Romney in a decisive win last night. Democrats retained control of the Senate while Republicans kept their majority in the House of Representatives.
So, how does Obama’s re-election affect your taxes? It’s still too early to tell for certain, but our Block Talk team has compiled research & reports from a number of media sources to provide an at-a-glance look at what was discussed on the campaign trail and what’s being reported by major news outlets.
Of course, with so many unknowns, many reports are guesses and predictions at this point — but here’s a summary of what’s flying around today.
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Obama Wins. Here’s What That Could Mean For Your Taxes via H&R Block